Question: What is the future value in dollars to two decimal places in 10 years of a regular payment of $200 every 6 months where the

What is the future value in dollars to two decimal places in 10 years of a regular payment of $200 every 6 months where the rst payment is in 1 years time and the last payment is in 10 years time? Assume that you can invest the coupon payments at a nominal rate of 3% with biannual compounding.

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